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Is it really worth it?

While tiny homes are typically under 400 to 500 square feet, this San Antonio subdivision features 600-square-foot properties that seem to offer a little more space, with a one-car driveway, second floor and backyard.

Real estate agent Billy Rojo — who goes by Billy the Realtor on TikTok — posted a viral video in November promoting one of the miniature dwellings, which was going for $136,900 at the time.

In comparison, the median San Antonio home is valued at over $253,762, according to Zillow.

But viewers weren’t so impressed. “I have more space in my Honda Civic,” commented one person, while another compared it to a Home Depot shed.

“May as well go rent an apartment,” wrote one viewer. “No property taxes. No house insurance payment. And if something breaks, it’s not your problem.”

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Why there’s growing interest for tiny homes

Despite the criticism, there’s growing interest for tiny homes amid tough real estate prices and mortgage rates.

In fact, a recent report from market research firm Technavio found the global market for tiny homes is projected to grow by $4.82 billion between 2023 and 2028 — noting there’s “high demand” for these compact and affordable properties in the U.S. in particular.

"I think it's something you would definitely want to buy as a starter home, and then maybe look into flipping it later on,” Dalila Sue, a renter in the Elm Trail neighborhood, told KENS 5.

"As soon as you walk upstairs and you're able to see the huge loft area, it completely changes the way that you feel about the entire home.”

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Serah Louis is a reporter with Moneywise.com. She enjoys tackling topical personal finance issues for young people and women and covering the latest in financial news.

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